If you’re looking for stocks to buy, you might want to consider how much Americans spend on Thanksgiving. According to Statista, the average American spent $421 annually on the country’s favorite holiday over the past three years. Based on 332.4 million people, Americans will spend an estimated $140 billion to celebrate the holiday this year.
Stocks to buy
As families across the country gather to celebrate their first post-pandemic Thanksgiving, Luke’s examining what he’s thankful for in this week’s podcast: disinflation, a new bull market, and growthy tech stocks! Luke’s confident that the Fed will pivot in early 2023, saving the economy and growth stocks. Which means stocks could rebound big-time in 2023.
News flash: The stock market is in the early innings of a massive comeback. Inflation is crashing. The Fed will pivot in a few months. A recession will be averted, and stocks will soar in 2023 like they’ve done only a few times before. That’s why the Dow Jones is up nearly 20% from its
U.S. stocks rallied on the back of a weaker-than-expected inflation report in October. With prices finally starting to stabilize, some of the country’s top Wall Street firms are optimistic that the worst is over. However, not everyone holds that opinion. While the market may be enjoying a brief respite from inflation fears, many believe there
Technology advancements have led to a drop in renewable energy costs, and have ushered in an era of green hydrogen production at a massive scale. With its incomparable energy density, hydrogen holds a substantial edge over battery electricity with respect to range, recharging, and emissions. Hence, emerging hydrogen stocks could prove to be incredibly lucrative
As you may be aware, pharmaceutical giant Pfizer (NYSE:PFE) and BioNTech (NASDAQ:BNTX) are working together to develop Covid-19 vaccines and boosters. A fresh report indicates positive results for the two companies’ bivalent Covid-19 vaccine. That’s good news for anyone invested in PFE stock, and there are plenty of positive financial data points to consider as well.
It’s only been a few weeks since CVS Health (NYSE:CVS) stock gave its investors some relief, with its settling of opioid litigation. Now the health services giant has made an announcement that could also change the prognosis for CVS stock. I’m talking about its plans to launch a new share repurchase program. Along with an expanding
For those seeking fast money stocks, most of 2022 has been a veritable nightmare. With an influx of severe headwinds – particularly soaring inflation and geopolitical flashpoints – the equities sector represented a value trap. Few traders outside of those placing short bets enjoyed the volatility of the year so far. However, with much of the
The central thesis for buying hotel stocks right now is a belief that demand for travel will continue. And if that’s true, then the best hotel stocks will offer investors a combination of value and growth. Lost amid the ongoing concerns about flight delays is that Americans continue to travel. After two summers when travel
It appears the market has already priced in a good amount of fear. Helping, Cleveland Federal Reserve President Loretta Mester just said, “We’re at a point where we’re going to enter a restrictive stance of policy. At that point, I think it makes sense that we can slow down a bit the … pace of increases. We’re
[Editor’s note: “Beaten-Down EV Charging Stocks Are Ready to Power Up Your Portfolio” was previously published in October 2022. It has since been updated to include the most relevant information available.] Let me cut right to the chase. If you want to put yourself in a position to potentially make fortunes in the market over
[Editor’s note: “Meta Got Crushed, But a New Tech Stock Has Been Soaring!” was previously published in October 2022. It has since been updated to include the most relevant information available.] Out with the old, in with the new. It’s a saying that we’ve all heard before. And it’s happening right now in the stock
The year 2022 will go down as one of the worst for the stock market. However, a few hidden gems trading for less than $10 are worth taking a closer look at. While there are risks associated with any stock trading right now, under-$10 stocks offer investors an opportunity to snag high-quality companies at bargain
There’s finally some respite for investors in the stock market. Businesses have been struggling with rising prices over the past year. However, the market still has plenty of pessimism, with multiple undervalued penny stocks up for grabs. Undervalued penny stocks can offer a high degree of liquidity and a way to invest in a company
Cheap blue-chip stocks under $15 can be rare finds. Typically since financially sound firms with recognizable names have histories of strong performance and often include dividends, their prices tend to be higher. But that isn’t exclusively the case. Although they usually trade near or above $100, cheap blue-chip stocks under $15 can be found. That’s
You may have heard that legendary investor Warren Buffett likes Occidental Petroleum (NYSE:OXY) stock. If you want to be like Buffett, you might wonder what he sees in it. As it turns out, there’s plenty to like about Occidental Petroleum’s financials. Plus, value and growth investors can both find reasons to invest today. Is it actually
The markets had something to cheer about as inflationary pressure eased on a relative basis in October. However, uncertainties will continue to dominate the headlines and market trends. A recession seems inevitable in 2023, with geopolitics, energy prices, and inflation continuing to play a spoilsport. From an investment perspective, I would still be very selective and
Based in Wenzhou China, Huadi International (NASDAQ:HUDI) is a manufacturer of steel pipes and tubes. However, it was Huadi’s announced plans to move into a new industry (more below) that sent HUDI stock on an incredible, but brief, run earlier this month. Admittedly, the market went overboard in its reaction to this news, by sending
High-yielding dividend stocks have been some of the safest investments of 2022. In fact, “The recent outperformance of dividend stocks is contrary to the traditional wisdom that they tend to lag the overall market in a rising-rate environment. This theory’s adherents think rate hikes make newly issued fixed-income products more attractive and reduce the appeal
Value investors seeking the best stocks to buy may use a company’s 52-week low as a key metric to consider. Stock Rover’s screener provides a simple-to-use option for investors to find such stocks which have traded at those lows within the last 15 days. After running the initial stock screener, and answering the “who” question, investors